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Aarons Holdings Company (AAN)

Aarons Holdings Company (AAN)
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Aaron's Co., Inc. is a major omnichannel provider of lease-to-own (LTO) and purchase solutions, mainly to underserved and credit-challenged customers. It deals in sales and lease ownership, apart from specialty retailing of furniture, home appliances, electronics, computers, and various other products and accessories. Its business also includes the Woodhaven Furniture Industries (Woodhaven). Woodhaven is the manufacturer and supplier of most of the bedding and a large portion of the upholstered furniture leased and sold at Aaron's. It also operates through its e-commerce site, Aarons.com. Aaron's has only 1 reporting segment. It generates revenues through lease revenues and fees (via LTO model, lease provided as per terms agreed by the customers), retail and non-retail sales, and franchise royalties and fees (in the form of royalties & advertisements).

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 2,139,890 2,249,430 1,845,500 1,734,920 1,784,480
Sales Growth -4.87% +21.89% +6.37% -2.78% -0.57%
Net Income 2,820 -5,280 109,930 -265,910 28,100
Net Income Growth +153.41% -104.80% +141.34% -1,046.30% -44.52%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 1,826,580 1,858,460 1,441,270 1,353,460 1,940,330
Total Assets Growth -1.72% +28.95% +6.49% -30.25% +18.83%
Total Liabilities 1,140,440 1,163,060 723,100 642,130 1,102,550
Total Liabilities Growth -1.94% +60.84% +12.61% -41.76% +29.57%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 180,410 170,430 136,040 355,770 185,980
Operating Cash Flow Growth +5.86% +25.28% -61.76% +91.29% -0.30%
Net Cash Flow 31,320 4,880 -53,290 27,350 36,770
Change in Net Cash Flow +541.80% +109.16% -294.84% -25.62% +269.06%
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